What is the role of a Process Agent?
A process agent is a representative/an address upon whom court papers may be served. Process agents accept services of notices, proceedings or documents on behalf of their overseas clients in situations where it is not possible for them to be served abroad. A process agent can act in a broad capacity for a company including but not limited to: acting as a process agent for court actions, receiving documents in connection with arbitration proceedings and receiving notices under contracts where an independent party is needed.
Why do you need a process agent?
The role for a process agent can be vital for cross-border transactions. If one of the involved parties does not have a physical presence or address within the jurisdiction where the transaction is taking place, serving legal documentation can become a long and overly complicated process. Further to that, if papers have to be served abroad, where the relevant transaction party has its presence, this can cause delays, among other issues.
How can we assist?
We offer process agent services to clients who have entered into legal agreements in a jurisdiction for which a local agent appointment is required. In cases when clients have no representation in Hong Kong, our Hong Kong tax office is able to provide those clients with a process agent in Hong Kong.
Look forward to receiving the official notice from the IRD on the exemptions.
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